Cadenc1876 Cadenc1876
  • 25-02-2019
  • Business
contestada

The efficiency loss of a tax is the net benefit society gives up because

Respuesta :

sandekaitlin sandekaitlin
  • 25-02-2019

consumption and production of the taxed product are reduced below the level of allocative efficiency which would occur without the tax.

Answer Link

Otras preguntas

simplify 1/a-a/b+3/a=4b/a
2. What does the ringing of the bell mean? In Macbeth William Shakespeare
Which of the following adrenal hormones is secreted by chromaffin cells?a) Cortisolb) Aldosteronec) Epinephrined) Androgens
After fixing a flat tire on a bicycle, you give the wheel a spin. Its initial angular speed was 6.15 rad/s and it rotated 12.5 revolutions before coming to rest
What point was Paine making through the use of hyperbole? О It is time for action. о It is time to be scared. 0 It is wise to be cautious. O It is foolish to re
Deanna, an undergraduate student majoring in neuroscience, volunteers in a research lab that focuses on studying the microscopic characteristics of the schizoph
Please help with my maths homework, i am struggling.
Financial Literacy is your understanding of key financial concepts (budgeting, saving, borrowing, investing, retirement). ◯ True◯ False
Denzel listed the steps for grouping controls. 1. Click the Arrange tab. 2. Click on the Sizing/Ordering group. 3. Click the Group option in the drop-down menu.
Ann just closed a large sale and was paid in cash for the purchase